This property looks like a bad Long-Term investment with a projected -7.52% first-year return on $69,279 initial cash invested.
-7.52%
Cash On Cash
5.17%
Cap Rate
0.81
DSCR
$2,211
Rent
-$434
Cashflow
Cash Flow
$2,211 income − $2,645 expenses = $434 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,279
Downpayment
20%
$65,980
Closing costs
1%
$3,299
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,211
Total Expenses
$2,645
Mortgage P&I
79%
$1,745
Property Taxes
9%
$208
Home Insurance
5%
$116
HOA
0%
$0
Property Management
10%
$221
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0